Monthly Archives: February 2008

Marin County Association of Realtors released the two months closed sales comparison report for the months of December, 2006/January 2007 vs December 2007/January 2008.As you can see from the report; the sales price stays slightly ahead of average, but the sales volume dropped substaintially from 2006 to 2007, and again, from 2007 to 2008. Interesting thing is that the highest price of sold home in 01/08 is over $10M and for 2007 is over $20M. However, the average sale price in 2008 is higher than that of 2007. Average Days on Market is actually 10 days lower than that of 2007. Something for Marin buyers to think about if they are sitting on the fence.

Marin CountyTwo-Month Closed Sales Report
All Residential Homes Sold

January 2007

January 2008

TOTAL PROPERTIES SOLD: 148

TOTAL PROPERTIES SOLD: 98

List Price

Sale Price

DOM

List Price

Sale Price

DOM

AVERAGE:

$1,266,588

$1,223,173

104

AVERAGE:

$1,382,876

$1,322,220

94

MEDIAN:

$879,000

$869,000

83

MEDIAN:

$945,000

$900,000

82

HIGH:

$21,000,000

$20,000,000

1217

HIGH:

$10,799,000

$10,500,000

465

LOW:

$139,000

$135,000

0

LOW:

$239,900

$215,000

0

ADJ. AVG.:

$1,139,151

$1,102,017

98

ADJ. AVG.:

$1,296,697

$1,238,152

94

December 2006

December 2007

TOTAL PROPERTIES SOLD: 210

TOTAL PROPERTIES SOLD: 145

List Price

Sale Price

DOM

List Price

Sale Price

DOM

AVERAGE:

$967,763

$943,819

84

AVERAGE:

$1,221,434

$1,171,945

88

MEDIAN:

$839,000

$815,000

73

MEDIAN:

$795,000

$760,000

63

HIGH:

$3,995,000

$3,900,000

613

HIGH:

$9,950,000

$8,500,000

522

LOW:

$40,000

$33,000

0

LOW:

$49,500

$45,000

0

ADJ. AVG.:

$957,670

$933,985

84

ADJ. AVG.:

$1,168,590

$1,128,581

88

Statistics from BAREIS MLS® February 8, 2008. Information herein believed reliable but not guaranteed.
Copyright @ 2008 by Bay Area Real Estate Information Services, Inc. All rights reserved.Adjusted average does not include the high and low sale data.